THE DEMOCRACY COLLABORATIVE FOUNDATION INC

EIN: 200387511 501(c)(3) Education

SHAKER HEIGHTS, OH

Total Revenue
$3,874,746
Total Expenses
$2,465,500
Total Assets
$2,723,363
Net Assets
$1,284,880
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
MD
Principal Officer
STEPHANIE MCHENRY
Phone
2162822022
Tax Period
2023-01-01 to 2023-12-31

THE DEMOCRACY COLLABORATIVE FOUNDATION INC, founded in 2004, is a community nonprofit in the Education sector that reported $3.9M in total revenue in fiscal year 2023. The organization ran a surplus of $1.4M, a strong 36% operating margin.

Mission

THE DEMOCRACY COLLABORATIVE WAS ESTABLISHED IN 2000 TO ADVANCE UNDERSTANDING OF DEMOCRACY FOR THE 21ST CENTURY AND TO PROMOTE EMERGING STRATEGIES AND INNOVATIONS IN COMMUNITY DEVELOPMENT THAT ENHANCE DEMOCRATIC LIFE. IN PARTICULAR, OUR WORK FOCUSES ON THE CRITICAL ROLE LOCAL ECONOMIC STABILITY PLAYS IN STRENGTHENING CIVIC LIFE, PROVIDING MEANINGFUL EMPLOYMENT, ENHANCING FAMILY SECURITY, AND PROMOTING ENVIRONMENTAL SUSTAINABILITY. THE DEMOCRACY COLLABORATIVE SPONSORS A RANGE OF EDUCATION PROJECTS INVOLVING RESEARCH, TRAINING, AND COMMUNITY-FOCUSED WORK DESIGNED TO INCREASE SUPPORT FOR WEALTH BUILDING INNOVATIONS AT THE LOCAL LEVEL.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,784,973
Program Service Revenue $42,619
Investment Income $-2,713
Other Revenue $49,867
TOTAL REVENUE $3,874,746

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,462,132
Fundraising Expenses $189,517
Program Expenses $1,536,791
Other Expenses $1,003,368
TOTAL EXPENSES $2,465,500

Year-over-Year Comparison

2023 2022 Change
Revenue $3,874,746 $3,696,524 +0.0%
Expenses $2,465,500 $3,853,561 -0.4%
Net Income $1,409,246 $-157,037 -10.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
10
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$365,972
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALLAN HENDERSON CHAIR 1.00
Officer Director
$0 $0 $0
MICHAEL SCHOOP TRUSTEE 1.00
Director
$0 $0 $0
DAYNA CUNNINGHAM TRUSTEE 1.00
Director
$0 $0 $0
SHEVANTHI DANIESL TRUSTEE 1.00
Director
$0 $0 $0
MICHELLENE DAVIS TRUSTEE 1.00
Director
$0 $0 $0
LAURA FLANDERS TRUSTEE 1.00
Director
$0 $0 $0
MARTIN O'NEIL TRUSTEE 1.00
Director
$0 $0 $0
THAD WILLIAMSON TRUSTEE 1.00
Director
$0 $0 $0
CHRISTINE SALAZAR PINEIRO TRUSTEE 1.00
Director
$0 $0 $0
JACQUELINE MCLEMORE TRUSTEE 1.00
Director
$0 $0 $0
TED HOWARD PRESIDENT 40.00
Officer
$151,203 $33,618 $184,821
STEPHANIE MCHENRY CHIEF FINANCIAL OFFICER 40.00
Officer
$157,892 $23,259 $181,151
MARJORIE KELLY SENIOR FELLOW 40.00
Highest
$106,372 $19,634 $126,006
LESLIE HARROUN EXECUTIVE IN RESIDENCE 40.00
Highest
$121,751 $17,356 $139,107
MARVIN BROOKSHIRE ACCOUNTANT 40.00
Highest
$108,892 $19,723 $128,615
JOE GUINAN FUTURE PRESIDENT 40.00
Highest
$135,447 $16,043 $151,490
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $3,874,746 $2,465,500 $2,723,363 $1,409,246
2022 $3,696,524 $3,853,561 $1,833,529 $-157,037
2021 $2,304,413 $4,122,672 $2,262,118 $-1,818,259
2020 $2,787,879 $5,276,262 $3,853,821 $-2,488,383
2019 $5,492,893 $6,308,522 $5,543,139 $-815,629
2018 $9,154,725 $5,285,530 $6,073,428 $3,869,195
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